November 3, 2022

Table of Contents 1What is Debit note under GSTUnderstand concept of ‘debit note’ with a simple example2When we issue debit note in GSTDebit note format under GSTWhat is the time limit for issuance of debit noteReflection of debit note in GST return3What is Credit note under GSTWhen we issued credit noteCredit note format under GSTWhat

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May 9, 2022

With effect from the tax period August 2020, a new static auto-drafted statement in Form GSTR-2B was introduced. Notably, GSTR-2B possesses vital importance in the life of a registered taxable person under GST since the same is directly related to the availment of the input tax credit. In order to curb the practice of fake invoicing

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February 21, 2022

When the Goods and Services Tax was introduced, the primary projection was to make GST a progressive tax. In this article we cover the GSTR2B details.GSTR 2B means a auto-drafted statement for regular tax payers (monthly). One would certainly be wondering that if filing of form GSTR-2B is not to be carried out by the registered

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